Job Description - Prepare Daily MIS (Balance Sheet & Income Statement).
- Prepare the Daily Ratios Basel I, Basel II and Loans to Deposits Ratios and send it to businesses ( Treasury, Corporate Banking).
- Preparation of UAE Central Bank reports on Monthly and Quarterly basis and uploading into the system and in timely manner.
- Assisting in implementation of T24 system and carrying out Finance responsibilities in T24 sytem implementation diligently.
- Preparation of monthly FRAS (Financial Reporting and Analysis System) and provide full support to businesses and explanation on their profitability.
- Assisting in Budget preparation (Revenue and Expenses section) and responsible for inputting the budget in the FRAS system.
- Assist in Interim and Year End Audit.
- Reviewing Annual Arabic Financial Statements; knowledge of Arabic is must.
- Assist in preparation of files and reports needed during audits (Central Bank Audit, External & Internal Auditors and Tax Audit)
- Preparation of Monthly Business Comments related to Financial Department.
- Preparation of ALCO (Assets and Liabilities Committee Presentation).
- Prepare monthly amortization of fees and unused commitment fees schedule of Corporate Loans.
- Monthly reconciliation of payroll entries.
- Validation of expenses accounting entries (Accruals, Accrual Reversals, Invoices Payments ).
- Monthly Large Franchise Exposure calculation.
- Preparation of Business Expenses for (Branch Banking, Consumer, Treasury, Corporate Finance, Compliance, Risk, Operations, HR, Credit and Management) Analysis Actual vs. Budget.
- Ensure department DCFC (Department Checklist for Control) is complete and monitored.
- Preparation of Specific Provision, General Provision and Interest in Suspense Calculation.
- Prepare monthly Accrual Entries.
- Daily maintenance and Calculation of Required Reserve for Central Bank.
- Responsible for the mapping of products and accounts in the GL and FRAS.
- Ensure GL integrity.
- To ensure sound accounting policies are maintained within the business.
- To act as a back up for Financial Controller
Skills and Qualifications:
- Minimum Bachelors Degree in Accounting.
- Minimum 2-4 years experience as Finance Assistant.
- Must have knowledge and experience of handling UAE Central Bank reporting.
- Must have Knowledge of UAE Central Bank circulars and Basel II and accounting standards.
